Comparison between Happiest Minds Technologies IPO and Route Mobile IPO.
Happiest Minds Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Route Mobile IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Happiest Minds Technologies IPO is up to ₹702.02 Cr whereas the issue size of the Route Mobile IPO is up to ₹600.00 Cr. The final issue price of Happiest Minds Technologies IPO is ₹166.00 per share and of Route Mobile IPO is ₹350.00 per share.
| Happiest Minds Technologies IPO | Route Mobile IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹165.00 per share | ₹345.00 per share |
| Issue Price (Upper) | ₹166.00 per share | ₹350.00 per share |
| Issue Price (Final) | ₹166.00 per share | ₹350.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 90 shares | 40 shares |
| Fresh Issue Size | 66,26,506 shares | 68,57,142 shares |
| Fresh Issue Size (Amount) | up to ₹110.00 Cr | up to ₹240.00 Cr |
| OFS Issue Size | 3,56,63,585 shares | 1,02,85,714 shares |
| OFS Issue Size (Amount) | up to ₹592.02 Cr | up to ₹360.00 Cr |
| Issue Size Total | 4,22,90,091 shares | 1,71,42,856 shares |
| Issue Size Total (Amount) | up to ₹702.02 Cr | up to ₹600.00 Cr |
Happiest Minds Technologies IPO opens on Sep 07, 2020, while Route Mobile IPO opens on Sep 09, 2020. The closing date of Happiest Minds Technologies IPO and Route Mobile IPO is Sep 09, 2020, and Sep 11, 2020, respectively.
| Happiest Minds Technologies IPO | Route Mobile IPO | |
|---|---|---|
| Anchor Bid Date | Sep 04, 2020 | Sep 08, 2020 |
| Issue Open | Sep 07, 2020 | Sep 09, 2020 |
| Issue Close | Sep 09, 2020 | Sep 11, 2020 |
| Basis Of Allotment (Tentative) | Sep 14, 2020 | Sep 16, 2020 |
| Initiation of Refunds (Tentative) | Sep 15, 2020 | Sep 17, 2020 |
| Credit of Share (Tentative) | Sep 15, 2020 | Sep 18, 2020 |
| Listing date (Tentative) | Sep 17, 2020 | Sep 21, 2020 |
| Anchor Lockin End date 1 | Oct 14, 2020 | Oct 16, 2020 |
| Anchor Lockin End date 2 | Dec 13, 2020 | Dec 15, 2020 |
Happiest Minds Technologies IPO P/E ratio is , as compared to Route Mobile IPO P/E ratio of .
| Happiest Minds Technologies IPO | Route Mobile IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 61.77 | 96 | ||||
| Promoter Shareholding (Post-Issue) | 53.25 | 66.33 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹2437.94 Cr. | ₹1990.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Happiest Minds Technologies IPO Retail Individual Investors (RII) are offered 42,29,009 shares while in Route Mobile IPO retail investors are offered 42,29,009 shares. Qualified Institutional Buyers (QIB) are offered 1,26,87,028 shares in Happiest Minds Technologies IPO and 34,28,571 shares in Route Mobile IPO.
| Happiest Minds Technologies IPO | Route Mobile IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,90,30,541 shares | 51,42,856 shares |
| Market Maker Reservation | ||
| QIB | 1,26,87,028 shares | 34,28,571 shares |
| NII | 63,43,513 shares | 25,71,429 shares |
| RII | 42,29,009 shares | 60,00,000 shares |
| Employee | ||
| Others | ||
| Total | 4,22,90,091 shares | 1,71,42,856 shares |
Happiest Minds Technologies IPO subscribed 150.98x in total, whereas Route Mobile IPO subscribed 73.30x.
| Happiest Minds Technologies IPO | Route Mobile IPO | |
|---|---|---|
| QIB (times) | 77.43x | 89.76x |
| NII (times) | 351.46x | 192.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 70.94x | 12.67x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 150.98x | 73.30x |
